Alzheimer's-Focused Cassava Sciences Faces Controversy as Key Collaborator Accused of Scientific Misconduct
Portfolio Pulse from Vandana Singh
Cassava Sciences Inc (NASDAQ:SAVA) is facing controversy as a recent investigation by the City University of New York (CUNY) has implicated neuroscientist Hoau-Yan Wang, a long-time collaborator of Cassava, in scientific misconduct related to 20 research papers. These papers were crucial in advancing simufilam, the company's lead Alzheimer's program. The investigation could not definitively prove its suspicions as Dr. Wang did not provide the original raw data. Last year, the U.S. Justice Department opened a criminal investigation into Cassava Sciences on whether it manipulated research results for its investigational Alzheimer's drug.

October 13, 2023 | 11:39 am
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Cassava Sciences is facing controversy due to accusations of scientific misconduct against a key collaborator. This could potentially impact the company's lead Alzheimer's program and its stock price.
The controversy surrounding Cassava Sciences and its key collaborator could potentially harm the company's reputation and investor confidence, leading to a decrease in its stock price. The company's lead Alzheimer's program could also be impacted, which could further affect its stock price.
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